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yaesu

(8,020 posts)
Tue Mar 8, 2022, 11:47 PM Mar 2022

Yum brand suspending operations of its 70 KFC company-owned restaurants in Russia

Yum also said it was suspending operations of its 70 KFC company-owned restaurants in the country and finalizing an agreement to suspend all Pizza Hut restaurant operations in Russia, in partnership with its master franchisee.

Yum, which has at least 1,000 KFC and 50 Pizza Hut locations in Russia that are nearly all independent franchisees, said in a post on its website dated Monday that it had “suspended all investment and restaurant development in Russia while we continue to assess additional options.”

per guardian live stream

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Yum brand suspending operations of its 70 KFC company-owned restaurants in Russia (Original Post) yaesu Mar 2022 OP
They liked that shield, hiding behind McDonald's. Didn't like it so much being the guy in front once RockRaven Mar 2022 #1
I've been thinking about this very thing, how public companies & franchises are handling this yaesu Mar 2022 #3
This message was self-deleted by its author Mary in S. Carolina Mar 2022 #5
The ruble is near worthless now so why bother being open? Applies to all multinational corps in RUS ZonkerHarris Mar 2022 #2
"nearly all independent franchisees" left-of-center2012 Mar 2022 #4

RockRaven

(14,899 posts)
1. They liked that shield, hiding behind McDonald's. Didn't like it so much being the guy in front once
Tue Mar 8, 2022, 11:52 PM
Mar 2022

McDonald's skipped out.

Oh, I'm sure it was very complicated, and they've been working on it the entire time...

yaesu

(8,020 posts)
3. I've been thinking about this very thing, how public companies & franchises are handling this
Tue Mar 8, 2022, 11:58 PM
Mar 2022

They have shareholders who will & can sue if company does anything detrimental to profits & there are contract obligations for franchises, its a mess I'm glad I don't have to deal with.

Response to yaesu (Reply #3)

left-of-center2012

(34,195 posts)
4. "nearly all independent franchisees"
Wed Mar 9, 2022, 12:02 AM
Mar 2022

So, YUM brand does not own them ?
Will they just stop supplying them,
or what ?

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